Maria Priolo

• Financial Risks Management
• Asset Management
• Corporate Management-strategic recommendation to top management for Financing, Investment, debt, and new projects
• Manage currency and interest rate exposures at the Group level
• Counterparty credit risk Management
• In-House Bank (Cash/Liquidity Management, MLN, FX, IC loans, External loans, TMS, Global Cash Pooling)
• Banking Relationships
• Payment factory
• Accounts receivable Factoring
• Invoice discounting/Supply Chain Financing/Equipment Financing
• Intercompany loans management
• Oversee global preparation of Cash Flow Forecast, plan for funding requirements
• Contribute to overall treasury process improvement & implementation of new modules in the treasury system
• Monitor Treasury reporting
• Credit Lines definition and setup
• Capitalization Entities
• Dividend Planning
• Tax and Legal alignment concerning Treasury activities
• Transfer Pricing Analysis
• IPO active participation
• Business Plan/Budgeting & Variance analysis
• Reporting (Covenants reporting to banks and institutions)
• Treasury Committee activities-reporting monthly
• Quarterly Treasury Activities, P&L split and Reserves reporting to Executive Board
• Treasury Accounting
• Tax, legal and Accounting alignment
• Procedures
• Audit reference
• Adhoc projects

• Global Credit Risk @ KP NV
• Global Credit Risk Policy & guidance to businesses to implement Local Credit Risk Policy
• Credit Risk Appetite Framework definition & development
• Philips Capital Credit Risk Policy
• Philips Capital Credit Risk Scoring tool creation
• Treasury @ Philips Investment Services
• Cash and Liquidity management
• Intercompany loans management
• Compliance with European and US regulations
• Income on intercompany financing activities reporting
• Corporate Finance @ KP NV
• Capital Structure of new division
• Divisions Financial Head rooms reporting

• Financial Risks Management
• Execution FX and Interest rate derivatives contracts
• ISDA Agreements set up
• EMIR implementation
• Cash/Liquidity Management
• Oversee European preparation of Cash Flow Forecast, plan for funding requirements
• Acting as in-house bank for all European entities
• Corporate Finance
• Acquisition due diligence and Integration
• Budgeting
• Business Plan5 years
• Reporting
• Quarterly Treasury Activities, P&L split and Reserves reporting to the Executive Board
• Consulting to Executive Board
• Ad Hoc Projects (Propco & Opco, Interest rate strategy, Foreign exchange strategy, SEPA, EMIR, Financing, Debt Capital Markets, Investors search, Basel, COSO)

• FX & Interest Rate Exposure
• Develops, recommends & implement hedging recommendations and strategies
• Ensure contracts are properly executed, recorded and documented in line with FAS133 and IAS requirements
• Cash Management
• Ensure compliance on all banking facilities
• Inter-company Loans/Deposit management
• Manage notional cash pooling structures
• Credit
• Deliver Trade finance and cross-border financing (receivables &inventory financing) solutions to business

• Managed liquidity, optimizing asset allocation with proactive strategies.
• Improved bank relationships, negotiating favorable terms for credit facilities.
• Oversaw treasury functions to support long-term financial stability.
• Improved accuracy in financial reporting with comprehensive analysis of data.
• Enhanced financial planning by forecasting cash requirements and aligning budgets.
• Ensured compliance with regulatory requirements, mitigating financial risks.
• Developed internal controls to streamline treasury operations and reduce errors.
• Improved cross-departmental collaboration for enhanced financial decision-making.
• Managed foreign exchange transactions, hedging risks effectively.
• Optimized working capital with efficient cash management practices.
• Facilitated treasury audits, ensuring transparency and accountability.
• Led treasury projects, ensuring alignment with organizational goals.
• Contributed to annual budgeting processes by providing accurate projections of interest income, expenses, and capital expenditures related to treasury operations.
• Developed strong relationships with banking partners for improved service levels and competitive pricing negotiations.
• Reduced bank fees by negotiating favorable banking terms and services agreements with multiple financial institutions.
• Developed a highly skilled and motivated treasury team through regular training, professional development opportunities, and performance feedback sessions.
• Maintained adequate liquidity levels through proactive cash management techniques including borrowing under credit facilities or investing surplus funds in short-term instruments when appropriate.

• Implemented Global Cash Flow Forecast
• Increased operational efficiency by streamlining risk assessment processes.
• Strengthened organizational policies, incorporating comprehensive risk analysis.
• Reduced company risk exposure by implementing effective risk management strategies and policies.
• Built contingency plans to successfully handle financial emergencies.
• Foreign exchange and Interest rate exposures management
• Securitization
• Facilities set up with banks
• Banking relationship

• EMEA Treasury department set up
• Arranged EMEA financing and negotiated facilities with banks plus covenants reporting
• EMEA cash forecasting
• EMEA cash pooling
• EMEA foreign exchange exposures
• Managed complex projects to successful completion, ensuring alignment with organizational goals and deadlines.
• EMEA payment factory implementation
• Alignments with Tax and Legal related to Treasury activities

• Presented forecasting and financial reports
• Facilitated effective communication between finance professionals throughout the company by creating clear documentation related to treasury workflows and best practices.
• Collaborated with internal departments for accurate cash flow forecasting, ensuring alignment with business objectives.
• Supported cash management initiatives by maintaining bank account structures and overseeing bank account administration tasks.
• Participated in cross-functional projects to drive improvements in working capital efficiency across the organization.
• Assisted with the development of annual budgets, providing key insights into cash flow projections and capital allocation decisions.
• Managed daily liquidity needs by monitoring cash positions and executing necessary transactions.
• Assisted in preparation of presentations, data tables and other documents for investor meetings.
• Payment factory management
• Trade Finance tools issuance
• Banking documentation
• Audit reference

Back office and Middle office activities